Phipps Academy of Barbering

www.ultimatetouchbarbercollege1.com

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2023 Average Net Price

$11,785

After Financial Aid

2020 Default Rate

on Student Loans

2023 Enrolled Students

50% Full-Time

About

Phipps Academy of Barbering is a higher education institution located in Cook County, IL. In 2023, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Phipps Academy of Barbering were Barbering (32 degrees awarded) and Cosmetology, Barber, & Nail Instructor (2 degrees).

In 2023, 34 degrees were awarded across all undergraduate and graduate programs at Phipps Academy of Barbering. 5.88% of these degrees were awarded to women, and 94.1% awarded men. The most common race/ethnicity group of degree recipients was black or african american (34 degrees).

In 2020 the default rate for borrower's at Phipps Academy of Barbering was 0%, corresponding to 0 out of the 34 total borrowers.

Not applicable, not in Carnegie universe (not accredited or nondegree-granting)Unknown

Costs

After taking grants and loans into account, the average net price for students is $11,785.

In 2023, 90% of undergraduate students attending Phipps Academy of Barbering received financial aid through grants. Comparatively, 87% of undergraduate students received financial aid through loans.

Average Net Price

$11,785

2023 Value

29.2%

1 Year Growth

In 2023 Phipps Academy of Barbering had an average net price — the price paid after factoring in grants and loans — of $11,785. Between 2022 and 2023, the average net price of Phipps Academy of Barbering grew by 29.2%.

This chart compares the average net price of Phipps Academy of Barbering (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

Financial Aid by Income Level

90%

Undergraduates Receiving Financial Aid through Grants

87%

Undergraduates Receiving Financial Aid through Loans

90% of undergraduate students at Phipps Academy of Barbering received financial aid through grants or loans in 2023. This represents a growth of 7.14% with respect to 2022, when 84% of undergraduate students received financial aid.

This chart compares the average award discount at Phipps Academy of Barbering (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Phipps Academy of Barbering was 0%, which represents 0 out of the 34 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

Enrollment

Phipps Academy of Barbering had a total enrollment of 26 students in 2023. The full-time enrollment at Phipps Academy of Barbering is 13 students and the part-time enrollment is 13. This means that 50% of students enrolled at Phipps Academy of Barbering are enrolled full-time.

The enrolled student population at Phipps Academy of Barbering, both undergraduate and graduate, is 100% Black or African American.

Students enrolled at Phipps Academy of Barbering in full-time Undergraduate programs are most commonly Black or African American Male (77.8%), followed by Black or African American Female (22.2%).

Full-Time vs Part-Time Enrollment

50%

Full-Time Enrollment

The total enrollment at Phipps Academy of Barbering in 2023, both undergraduate and graduate, is 26 students. The full-time enrollment at Phipps Academy of Barbering is 13 and the part-time enrollment is 13.

This chart shows the full-time vs part-time enrollment status at Phipps Academy of Barbering (in red) compares to similar universities.

Enrollment by Race & Ethnicity

Black or African American

Most Common Race or Ethnicity (2023)

26 enrolled students

The enrolled student population at Phipps Academy of Barbering is 100% Black or African American. This includes both full-time and part-time students as well as graduate and undergraduates.

Graduates

In 2023, 30 fewer women than men received degrees from Phipps Academy of Barbering. The most common race/ethnicity group of degree recipients at Phipps Academy of Barbering is black or african american (34 degrees awarded).

The most common 1 to 2 Year Postsecondary Certificate concentration at Phipps Academy of Barbering is Barbering (32 degrees awarded), followed by Cosmetology, Barber, & Nail Instructor (2 degrees).

In 2023, the most specialized majors across all degree types at Phipps Academy of Barbering, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (34 degrees awarded).

Common Jobs by Major

Chefs & head cooks

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Phipps Academy of Barbering are Chefs & head cooks (7,906 people), Cooks (2,655 people), Morticians, undertakers, & funeral directors (2,587 people), Food service managers (2,017 people), and Customer service representatives (1,079 people).

The most specialized majors at Phipps Academy of Barbering in 2023 are Personal & Culinary Services (34 degrees awarded) (as of 2023).

Highest Paying Jobs by Major

Chief executives & legislators

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Phipps Academy of Barbering are Chief executives & legislators, Lawyers, & judges, magistrates, & other judicial workers, Lodging managers, Financial managers, and Management analysts

The most specialized majors at Phipps Academy of Barbering are Personal & Culinary Services (34 degrees awarded) (as of 2023).

Common Industries by Major

Restaurants & Food Services

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Phipps Academy of Barbering are Restaurants & Food Services (12,244 people), Funeral homes, & cemeteries & crematories (3,016 people), Traveler accommodation (1,919 people), Elementary & secondary schools (1,775 people), and Construction (1,430 people).

The most specialized majors at Phipps Academy of Barbering are Personal & Culinary Services (34 degrees awarded) (as of 2023).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Phipps Academy of Barbering.

Most Common (2023)

Barbering
32 degrees awarded
Cosmetology, Barber, & Nail Instructor
2 degrees awarded

In 2023, the most common 1 to 2 year postsecondary certificate concentration at Phipps Academy of Barbering was Barbering with 32 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at Phipps Academy of Barbering according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2023

Degrees Awarded to Women

in 2023

In 2023, 32 degrees were awarded to men at Phipps Academy of Barbering, which is 16 times more than the number of degrees awarded to females (2).

This chart displays the sex disparity between the top 5 majors at Phipps Academy of Barbering by degrees awarded.

Most Common Male Majors

In 2023, 30 degrees were awarded to men at Phipps Academy of Barbering in Barbering, which is 15 times more than the 2 female recipients with that same degree.

Most Common Female Majors

In 2023, 2 degrees were awarded to men at Phipps Academy of Barbering in Barbering, which is 0.0667 times less than the 30 male recipients with that same degree.

Time to Complete

44%

100% Completion Time

56%

150% Completion Time

In 2023, 44% of students graduating from Phipps Academy of Barbering completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 56% completed their degrees within 150% of the normal time, and 56% within 200%.

The following chart shows these completion rates over time compared to the average for the Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

Race & Ethnicity by Share

Black or African American

Most Common Student Race or Ethnicity (2023)

34 degrees awarded

The most common race/ethnicity at Phipps Academy of Barbering is black or african american (34 degrees awarded).

0% of degree recipients (0 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

Black or African American Male
32 degrees awarded
Black or African American Female
2 degrees awarded

The most common race/ethnicity and sex grouping at Phipps Academy of Barbering is black or african american male (32 degrees awarded). There were 16 times more black or african american male recipients than the next closest race/ethnicity group, black or african american female (2 degrees).

Operations

Salary Expenditure

$298k

2023 Salaries

6.48%

growth from 2022

In 2023, Phipps Academy of Barbering paid a median of $298k in salaries, a 6.48% growth from the previous year. This is compared to a 4.6% decline between 2021 and 2022.

The median for similar is 668k (13.2% of overall expenditures).

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